AAA: 1 in 4 drivers could not cover unexpected repair bill

AAA: 1 in 4 drivers could not cover unexpected repair bill

AAA: 1 in 4 drivers could not cover unexpected repair bill

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by Jordan Gray

KTVB.COM

Posted on August 3, 2011 at 12:06 PM

Updated Wednesday, Aug 3 at 2:15 PM

BOISE -- A new survey is highlighting the fact that many Americans aren't prepared to pay for unexpected car repair bills.

A survey done by AAA of over 1,000 Americans shows that one in four American drivers couldn't pay for a $2,000 car repair and one in eight wouldn't be able to pay a $1,000 repair bill if the bill were due today.

The survey also shows that more than half of U.S. drivers are holding onto their older vehicle because they don't want to deal with the costs associated with a new or newer vehicle.

A quarter of drivers admitted to letting repairs and maintenance fall by the wayside this past year due to the economy.

AAA advises that drivers get repairs done quickly at a facility with trained technicians to prevent further damage to your vehicle. They also recommend that you set up a emergency repair fund to cover unexpected costs.

 

 

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